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Rupee rises 5 paise to 95.57 against US dollar in early trade

Rupee rises 5 paise to 95.57 against US dollar in early trade

Mumbai, Sep 23 (PTI) The rupee gained 5 paise to 95.57 against the US dollar in early trade on Wednesday, supported by falling crude oil prices and a broader recovery in Asian currencies. Forex traders said going ahead currency market direction will majorly be driven by unfolding geopolitical developments. Softer crude oil prices remain the major support for the rupee, while a firm American currency after the US Fed’s rate hike and foreign portfolio outflows remain the main concerns. At the interbank foreign exchange market, the rupee opened at 95.58 then touched 95.57 against the American currency, registering a gain

India’s Russian oil imports fell in August, seen lower in September, data shows

NEW DELHI, Sept 23 (Reuters) – Russia’s share in India’s oil imports fell in August, while supplies from the Middle East increased as Abu Dhabi National ​Oil Co (ADNOC) sold oil from the region from outside the Strait ‌of Hormuz, data from trade sources showed. United Arab Emirates’ state-run ADNOC has strengthened its shipping operations, shuttling oil from its fields inside the Strait of Hormuz for sale from storage and ​export terminals at Fujairah and Sohar. In addition to its own crude, ​ADNOC is also buying oil from neighbouring producers such as Iraq for ⁠resale. India’s Russian oil imports fell

This year’s El Nino-driven heat could cause nearly half a million more deaths, group says

BENGALURU, India, September 23, 2026 (AP) — This year’s powerful El Nino and the record global heat it’s driving, along with severe droughts, wildfires and shrinking water supplies, could lead to nearly half a million more deaths worldwide by the end of February, according to a research report released Wednesday. The grim warning by the University of Chicago-based Climate Impact Lab says that as many as 451,000 more heat-related deaths between June and the end of February could be attributed to El Nino, compared with heat deaths expected in a typical year. The heaviest toll, the group says, is expected

Gold falls Rs 1,500 to Rs 1.54 lakh/10g in Delhi; silver stays flat

New Delhi, Sep 22 (PTI) Gold prices fell for the second straight session, falling by Rs 1,500 to Rs 1.54 lakh per 10 grams in the national capital on Tuesday amid weak global trends. The yellow metal of 99.9 per cent purity depreciated by Rs 1,500 to Rs 1,54,900 per 10 grams, inclusive of all taxes, from Monday’s closing level of Rs 1,56,400 per 10 grams, according to local traders. Silver prices, however, remained unchanged at Rs 2.42 lakh per kilogram. “Gold extended its decline on Tuesday as hawkish remarks from Federal Reserve officials and a strong US dollar exerted

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